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    Real Estate - Services
Safety Godown Company, Limited

Safety Godown Company, Limited

0237.HK
Safety Godown Company, LimitedHK flagHong Kong Stock Exchange
2.19
HKD
+0.16
- -
886.95MMarket Cap
Safety Godown Company, Limited
0237.HK
(Hong Kong Stock Exchange)

Recent

price

2.19

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
FRC
0.24
0.28
0.3
0.34
0.09
0.09
0.3
0.3
0.35
0.34
0.27
0.3
0.36
0.43
0.43
0.39
Revenue per Share
0.89
0.76
2.03
0.51
1.48
2.09
0.67
1.16
0.69
-0.72
-0.36
-0.21
-0.46
-0.3
-0.66
-0.32
Basic EPS, GAAP
0.02
0.34
0.22
0.16
0.26
-0.16
-0.13
-0.05
0.42
0.21
-0.37
0.51
0.6
0.15
- -
0.35
Free Cash Flow per Basic Share
0.12
0.4
0.11
0.1
0.15
0.29
1.43
0.44
0.19
0.36
0.12
0.52
0.08
0.05
0.08
0.08
Dividend per Share
4.52
4.89
6.81
7.32
8.65
10.6
9.83
10.57
11.07
0.44
0.44
0.44
8.23
7.87
0.44
0.44
Book Value per Share
4.83
5.17
7.11
7.5
8.86
11.18
10.36
11.29
12.07
11.16
10.67
9.95
9.63
9.58
8.85
8.45
Tangible Book Value per Share
405
405
405
405
405
405
405
405
405
405
405
405
405
405
405
405
Basic Weighted Avg Shares
96
112
120
139
38
37
122
123
142
138
108
122
146
176
174
157
Sales/Revenue/Turnover
487.02
75.38
175.51
179.18
36.75
32.57
83.74
81.9
77.56
74.27
65
65.56
69.39
73.85
75.56
74.63
Operating Margin (%)
3
8
7
7
7
7
7
9
16
19
23
25
26
24
22
18
Depreciation Expense
360
309
824
205
599
846
270
471
279
-293
-148
-85
-188
-123
-266
-129
Net Income, GAAP
4.1
3.92
1.79
7.6
3.11
3.14
4.62
5.49
4.05
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
376.05
275.97
688.15
147.07
1,571.2
2,257.9
220.79
383.62
197.07
-212.57
-136.04
-69.57
-129.04
-69.86
-152.29
-82.04
Profit Margin (%)
307
232
265
300
350
1,799
1,064
1,151
1,122
1,024
1,060
915
932
998
1,104
1,229
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1,954
2,094
2,881
3,039
3,587
4,529
4,197
4,574
4,887
4,519
4,323
4,028
3,901
3,880
3,584
3,423
Total Equity
25.62
4
8.29
7.77
0.41
0.29
2.23
2.16
2.22
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
36.58
16.22
34.8
7.16
18.54
21.7
6.52
11.41
6.37
-12.55
-82.81
-47.44
-10.73
-3.76
-15.78
-72.12
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2.6%
-4.53%
-4.49%
Free Cash Flow
-913.05%
-1,572.86%
-7,466.58%
Net Income, GAAP
-17.85%
22.01%
-51.59%
Sales/Revenue/Turnover
25.95%
8.32%
-10.14%
Total Cash Common Dividend
55.4%
52.15%
5.51%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
176
2025
- -
- -
- -
- -
174
2026
- -
- -
- -
- -
157

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
-0.3
2025
- -
- -
- -
- -
-0.66
2026
- -
- -
- -
- -
-0.32

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.05
2025
- -
- -
- -
- -
0.08
2026
- -
- -
- -
- -
0.08
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Business
Safety Godown Company, Limited (0237.HK) operates as an investment holding company primarily engaged in godown operations, property investment, and treasury investments in Hong Kong. The company provides warehouse and logistics services through its subsidiary Safety Logistics Services Limited, which manages a facility in Kwai Chung with approximately 420,000 square feet of gross floor area and a capacity of 20,000 cubic meters, offering digitized systems, dedicated docks, ISO 9001:2015-certified operations, and leasing of excess space to third parties; mini-storage solutions under the MyStorey brand adjacent to its logistics facility; and property leasing from its flagship Lu Plaza, a 430,000-square-foot commercial complex in Kwun Tong featuring modern offices, retail outlets, a business center, event space under The LU+ brand, and fitness facilities under Gym+. It also conducts securities trading and other investment activities within its treasury segment, serving logistics, import-export, and business clients primarily in the Hong Kong market. Founded in 1960 and listed on the Stock Exchange of Hong Kong in 1973, the company maintains its headquarters at Lu Plaza, Units 1305-1306, 13th Floor, 2 Wing Yip Street, Kwun Tong, Kowloon, Hong Kong, with a workforce of approximately 36 employees. Safety Godown focuses on the real estate services and operations sector, emphasizing steady rental income from godown and office spaces alongside financial investments, with all operations concentrated in Hong Kong. In recent developments, the company held its annual general meeting on August 15, 2025, releasing poll results and updating its articles of association in August 2025, while publishing its 2024/25 annual report and monthly equity movement returns through September 2025. It continues to report stable financial performance, with fiscal year 2025 revenue from property investment at HK$111 million, treasury investments at HK$83.86 million, and godown operations at HK$15.81 million, all derived from Hong Kong activities, and maintains a debt-free balance sheet with zero gearing ratio. The Lu Sin family holds a significant 49.1% stake, underscoring long-term continuity under executive leadership including Chairman Wing Yee Lu and Managing Director Wing Man Lu.